The coverage for coronavirus infection will be available from day one of the infection in all the health insurance policies, says Amit Chhabra.
The biggest surprise for customers, at the time of claiming, is the fact that they will get only depreciated value of the product.
'We are expected to grow at above 28 per cent this year, higher than the industry.'
'If Washington has to balance Chinese power, she will have to turn to the third biggest power in the world which is India.' 'The United States and India will have to work together in order to keep Chinese ambitions in check.'
Think again. Not filing could cost you. Here's who must file, who should, and why it matters. What's more, the deadline to file your ITR has been extended till September 15, 2025
Organise your PAN, Form 16, Form 26AS, AIS, and all other proofs before e-filing.
Travel insurance policies do not generally cover adventurous or sporting activities such as bungee jumping, paragliding, mountain climbing, or white water rafting, which fall under hazardous activities.
TDS on health insurance claim payments reimbursed to hospitals should be NIL
Under 'Claims Guarantee' the company guarantees to pay claims within 12 working days of receipt of all required death claim documents from the nominee or claimant, provided full premium is paid by the policyholder for at least three policy years and the required claim application documents are submitted.
Buy from an established agent rather than a novice who may not be around when you need his assistance.
Buying an insurance policy? Claim Settlement Ratio helps you find out the chance that your claim will be settled and how soon it will be setled.
Besides wrong selection of ITR form, many professionals claim deductions they are ineligible for.
If you have questions related to online insurance frauds, then Piyush Ranjan, chief technology officer, Coverfox Insurance, will answer your queries.
Reliance General Insurance Company (RGIC), a subsidiary of Reliance Capital, finds itself in a bind as the Directorate General of GST Intelligence (DGGI) has issued multiple Show Cause Notices (SCNs) amounting to Rs 922.6 crore. This development comes at a time when Reliance Capital is currently undergoing a debt resolution under the National Company Law Tribunal (NCLT) process in which the Hinduja group has emerged the winner. The Hinduja acquisition is currently awaiting the Supreme Court's approval after the Torrent group, the winner of the first round, challenged the second auction conducted by the lenders of Reliance Capital.
Sanjib Jha, CEO, Coverfox Insurance Broking, answers your health and auto insurance related queries.
Keep a check on the waiting period and exclusions while buying a health insurance plan and see if it fits your requirements.
Read the fine print and avoid potential losses, says Naval Goel
Brent crude oil prices can touch $150 a barrel (bbl) - up a whopping 103 per cent from the current levels - in the worst-case scenario if the Israel-Iran geopolitical tensions escalate, suggest analysts.
With the regulator changing the claims processing rules, policyholders can now settle their claims quicker and keep premium costs lower.
Roopam Asthana, CEO and whole-time director, Liberty General Insurance Ltd, answers your queries on HEALTH insurance and AUTO insurance.
A person who has cancer and doesn't have any health insurance will find it difficult to buy a regular hospitalisation cover. An indemnity-based cancer plan may cover them.
Insurance policies stipulate a time frame for lodging a claim after the incident of loss.
Oil and Natural Gas Corporation has received Rs 864 crore (Rs 8.64 billion) in final settlement of an insurance claim for the oil facility at Mumbai High that was gutted in a fire in July 2005.
As soon as general insurers are freed from the shackles of standard products, they could offer a motor insurance policy that provides for settlement of full claims amount without any deductions for depreciation as per the current practice.
Ensure the sum insured for the super topup is enough to cover even worst-case scenarios.
To plug claims mismanagement, the Insurance Regulatory and Development Authority of India (Irdai) is bringing reforms in the mediclaim segment.
2.75 million of the 3 million Covid-related health claims were settled.
Agniveer Akshay Gawate, native of Pimpalgaon Sarai in Maharashtra's Buldhana district, died in the line of duty in Siachen on October 21, 2023.
Several computers, laptops, window glasses and furniture were damaged in the vandalism, an official at Koregaon police station said.
Customers frequently sign without reading the terms and conditions, resulting in a poor understanding of coverage, and eventually leading to partial payouts
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
With competition in the general insurance sector heating up, companies are busy innovating in order to provide value-added services to existing customers.
Rakesh Kaul, CDO, Edelweiss General Insurance, answers your health insurance queries.
A consortium of insurers, led by Anil Ambani group's Reliance General Insurance, has made final payment of $20 million (about Rs 90 crore) towards aircraft insurance claims arising from the Mangalore crash in May.
Sushil Nathaniel, an LIC manager from Indore, was shot dead by terrorists in Pahalgam, Kashmir, after being forced to recite the 'Kalma'. His family has demanded the harshest punishment for the assailants. Nathaniel, who was on a family trip to celebrate Easter, was among 26 people killed in the attack. His daughter was injured in the attack, while his wife and son survived.
'This means that there will be more than 1,000 tech talent in India over the next 12-18 months.'
'The intensity and frequency of heatwaves will be much higher than in previous years over Punjab, Haryana, Rajasthan, Gujarat, Madhya Pradesh and Odisha.'
An insurance company is liable to pay compensation to the accident victim's kin even if the driving licence of the offending vehicle's driver has expired and not renewed, as an expired licence would not make him an unskilled driver, the Bombay high court has said.
Claiming insurance compensation can sometimes claim your peace of mind
